I checked GBP tri-monthly chart which is not usually posted here -- and the pair is already telling us something on the direction it wants to go at broader long term spectrum.
On the tri monthly data, GBP has started shifting its trend --- bouncing off it perfectly on a 38-year long standing very solid support.
The pair's last visit to this price range was on April 1985.
The pair is back at 1.0 FIB LEVEL (on tri-monthly) -- this is outrageously beyond bargain.
Histogram wise, another higher lows was created conveying the current price range to be the last base price before the series of incoming series of ascend. Incoming Price valuation will be above average -- and that's an understatement.
Bubble up volume (bottom indicator) finally appeared after almost 2 years (last one was July 2021). This is the 2nd straight appearance in 6 months this year, cementing the intention of the pair's target direction.
Confidence on this pair's long term direction is firm.
A 10% increase from current price within the next 12-16 months (very long candle on tri-monthly) is very possible.
Spotted at 1.25
TAYOR.
Safeguard capital always.
On the tri monthly data, GBP has started shifting its trend --- bouncing off it perfectly on a 38-year long standing very solid support.
The pair's last visit to this price range was on April 1985.
The pair is back at 1.0 FIB LEVEL (on tri-monthly) -- this is outrageously beyond bargain.
Histogram wise, another higher lows was created conveying the current price range to be the last base price before the series of incoming series of ascend. Incoming Price valuation will be above average -- and that's an understatement.
Bubble up volume (bottom indicator) finally appeared after almost 2 years (last one was July 2021). This is the 2nd straight appearance in 6 months this year, cementing the intention of the pair's target direction.
Confidence on this pair's long term direction is firm.
A 10% increase from current price within the next 12-16 months (very long candle on tri-monthly) is very possible.
Spotted at 1.25
TAYOR.
Safeguard capital always.
Note
Ascending Higher lows on histogram on tri monthly is a huge deal. Expect some above average candle size formation because of a long term shift spectrum.Trade active
Impressive price growth by GBP.Trade active
Ascend reversal on queue.Trade active
Congrats holders.Trade active
Breakout. Congrats holders.Trade active
GBP aiming for 100 pips from the current base range.1H DATA BREAKOUT.
HEATZONE touch.
TAYOR.
Trade active
STRONG BULLS are with GBP's side now.Trade active
Spotted at 1.250.Target at 1.35
TAYOR.
Trade active
Interim target at 1.30Note
Congrats holders.This has aged so well from our original spot more than a year ago.
Trade active
TARGET HIT!plus more.
Congrats holders.
Note
and +900 pips from the time this article was posted.Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.